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Breaking news: Public Enemy Now Fund Raising On SellaBand!

October 8th, 2009

SellaBand is proud to announce the arrival of Public Enemy. The legendary hiphop group start fund raising today for their next album, which will officially be their 13th studio recording. The band, led by enigmatic frontman Chuck D. aim to raise an impressive $250,000. Parts will be priced at $25,00 each and will entitle Believers in this project to a unique, numbered digipak edition of the CD, as well as a pro ratio share of 33,3% of all net revenues generated with this album.

Public Enemy is the first established act to sign up with SellaBand. 'SellaBand's financial engine model goes about restructuring the music business in reverse,' says PE frontman Chuck D. 'It starts with fans first, then the artists create from there. The music business is built on searching for fans and this is a brand new way for acts to create a new album with fans first, already on board.'

Longtime champions of self-ownership of music and marketing as well as direct interaction with their fans, Public Enemy see the partnership as a natural evolution of their philosophy about the business of music. SellaBand CEO Johan Vosmeijer is equally thrilled: 'Our goal is to empower the artist and their fans, both creatively and commercially. Working with Public Enemy is an incredibly exciting way to take the European success we've built over the past three years and offer it to stateside bands.'